JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,457 shares of the company’s stock after selling 17,292 shares during the period. Rooted Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPQ. Logan Capital Management Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $27,000. Sankala Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Navalign LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Finally, Archer Investment Corp purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $59.42 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The business’s fifty day moving average is $59.81 and its two-hundred day moving average is $58.56. The company has a market cap of $37.58 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.5644 dividend. The ex-dividend date of this dividend was Monday, June 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.